TRANSPARENCY OF FINANCIAL ACTIVITY - CPS

TRANSPARENCY OF FINANCIAL ACTIVITY

TRANSPARENCY OF FINANCIAL ACTIVITY

CPS is in the top five of the biggest tax payers of the country. CPS shows the openness of its business and adherence to the set rules of financial statement. If the calculation is made in dollar equivalent, then the positive dynamics of the tax payments is obvious. On one hand, it is explained by the expansion of the company activity, on the other hand, the drastic decrease in dollar rate with respect to the national currency, especially taking into consideration the fact that the company purchases the production in dollars. So, in 2000 the tax payments made up 4,3 billions AMD, in 2007 10,260 billions AMD. At the same time in dollar equivalent the payments in 2000 made up 7,787 millions USD and in 2007 33,642 millions USD.

Gross payments to the state budget of the RA for 2000-2007 period in million drams

You need to upgrade your Flash Player


Gross payments to the state budget of the RA for 2000-2007 period in million dollars, in accordance with the CBA exchange rate for January 30th of each year

You need to upgrade your Flash Player

In 2006 the annual turnover of the company made up 35 billions AMD. The company employs more than 290 people. The mean salary is 51.000 AMD.

The activity of the company units is annually controlled. The Ministry of Trade and Economic Development carries out mandatory certification of the meters at all the petrol stations of CPS. In accordance with the established order the company is subject to checks by State Tax Service.